Belize is situated in Central America. It gained its independence form Britain in 1981 and enjoys both a stable and democratic Government.
The Belize IBC offers a tax free company under the IBC Act 1990. The legislation itself is based largely on British Virgin Islands legislation.
| General |
| Type of entity |
IBC |
| Type of law |
Common |
| Minimum government fee |
US$100 |
| Corporate taxation |
Nil |
| Double tax treaties |
None |
| Name requirements |
Limited, Corporation, Incorporated, Societe Anonyme, Sociedad Anonima (or appropriate abbreviations) |
| Name restrictions |
Assurrance, Bank, Building Society
Chamber of Commerce, Chartered, Cooperative, Imperial, Insurance, Municipal, Royal |
| Change in Domicile permitted |
Yes |
| Share in capital or equivalent |
| Standard currency of share capital |
US$ |
| Permitted currencies of capital |
Any |
| Minimum paid uip share capital |
US$1 |
| Usual authorised share capital |
US$50,000 |
| Directors or Managers |
| Minumum number of directors/managers |
One |
| Local directors required |
No |
| Government register/pubic record of directors/managers |
No |
| Location of directors/managers meetings |
Anywhere |
| Members |
| Minimum number of shareholders/members |
One |
| Government register/public record of shareholders/members |
No |
| Location of members meetings |
Anywhere |
| Company Secretary |
| Company secretary required |
No |
| Company secretary, local or qualified |
No |